Ken's Blog

I had the chance to listen to Brian Hale this week. As CEO of Countrywides' retail lending division, he was full of interesting insights as to the direction the real estate train is going.Here are a few of the points I took away -  - Predicting cumulative 150 basis point reduction by the FED by l...

"Who has the list of homes that are for sale at $0.60 on the $1?  I know it can be done!" Okay, so i get this question every day, at least 3 times daily, simply because I have some REO listings.  I am sure that somewher out there is a fund group, with access to very senior levels of mortgage comp...

Who said laws aren't made to be broken.  I have an REO listing that was tenant occupied upon receipt.  We have them their eviction notice, they were posted with 30 days, and we tried to negotiate a cash for keys deal.  At 30 days, no one had left.  The assigned legal firm is slow moving, so their...

I like to read motivational books, but they need to be short.  With all the new titles hitting the shelves, and "THE SECRET" being spouted on Oprah, I decided to go old school.My dad gave me a book that he had when he was in college.  It is titled "As A Man Thinketh" by James Allen.  It is a coll...

I am a big believer in goals.  Without goals, just about any road will get you somewhere, and when you arrive, you won't even know if it is where you wanted to be.About this time each year, a lot of Realtors stop working.  "It is the holiday season" is a popular quote.  "No one is buying" is anot...

The time was 5:30 AM, the day after Thanksgiving.  When you have 21 month old twin boys, that is the new wake up time.  They of course where running around with more energy than should be allowed while I was trying to watch news.  And what was the big story?  BLACK FRIDAY!  People lining up for h...

Okay, I need to take some time off at Thanksgiving, and reflect on my poor attitude regarding how others are earning their income in this market.  Bad realtor, BAD!!!So, here I am, minding my own business, preventing hard working people from buying bank owned properties at a 4900% discount, when ...

It is one of those days.  We all have them.  Thank God for Huntington Beach and surf.  Shortly after arriving at work, the phones went down.  This followed by a break in our internet connectivity.  I know, it was almost armageddon time.  It is like life without coffee or chocolate.  Whats the poi...

I think I might get into the business of selling opinions.  I should make a big, sweeping statement about something, proclaiming it loud enough that no one would dare disagree.  Then, I will post it, and charge for people to read it.  Or, maybe I'll just keep looking at Surfline while blogging in...

I am hosting a free REO Seminar, covering the who/what/when/and where of finding and buying REOs.  This will cover the phases of foreclosure, techniques for negotiation, and finding these properties.Who: Any one interested in learning more about finding and buying bank owned properties (please, n...